Gov't Affairs Blog

Fraud Doesn't Pay -- Taylor Bean CFO Sentenced

06/16/2012 9:40 PM | Alan Fields (Administrator)
Yesterday, Delton de Armas, a former chief financial officer (CFO) of Taylor, Bean & Whitaker Mortgage Corp. (TBW), was sentenced today to 60 months in prison for his role in a more than $2.9 billion fraud scheme that contributed to the failure of TBW.

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